HDFC BankIndia’s biggest personal sector financial institution, is partnering with Microsoft within the subsequent section of its virtual transformation adventure with the purpose to liberate trade worth through remodeling the appliance portfolio, modernizing the knowledge panorama and securing the endeavor with Microsoft Cloud, As part of its Future Ready technique, the financial institution is growing in space IPs in addition to partnering with a number of corporations together with FinTechs’ to co -create era IPs.
How HDFC will use Microsoft Azure
The financial institution will leverage Microsoft Azure to consolidate and modernize its endeavor knowledge panorama thru a federated knowledge lake to scale its data control functions throughout endeavor reporting, and complicated analytics the usage of synthetic intelligence.
Built on Microsoft Azure stack, the answer will allow the financial institution to democratize and monetize its knowledge panorama catering to more than one trade devices, spanning more than one programs, stories and processes. The resolution powered through its unified structure, collaborative engineering atmosphere, industry-leading safety and ecosystem of AI/ML based totally deep finding out functions.
In addition, the Bank may also leverage Microsoft Power Platform’s industry-leading low code, no code functions to arrange an App Innovation and Automation Factory. The App Factory will allow the Bank emigrate, modernize and turn out to be its utility portfolio. HDFC Bank may also use Microsoft 365, to undertake a contemporary, built-in and safe Digital Workplace protecting 3 crucial spaces of transformation – worker collaboration, app modernization and safe faraway paintings.
“Our partnership with Microsoft is a part of our technology transformation agenda by investing in running the bank as well as building the bank of the future. At the heart of this is the ability to offer a neo banking experience to our customers that is second to none. We are doing this by investing in proprietary IP as well through tie ups like these,” he stated. Ramesh LakshminarayananGroup Head, Information Technology and Chief Information Officer, HDFC Bank.
Sashi Sreedharan, Managing Director Microsoft India stated, “We are delighted to be a part of HDFC Bank’s digital transformation journey and to partner with them to create best-in-class products and services. These products and services will adhere to strict security and compliance standards for customers by leveraging Microsoft Cloud Platform and technologies. The partnership will also advance the bank’s digital workplace transformation with Microsoft 365 and will significantly enhance customer and employee experience”.
How HDFC will use Microsoft Azure
The financial institution will leverage Microsoft Azure to consolidate and modernize its endeavor knowledge panorama thru a federated knowledge lake to scale its data control functions throughout endeavor reporting, and complicated analytics the usage of synthetic intelligence.
Built on Microsoft Azure stack, the answer will allow the financial institution to democratize and monetize its knowledge panorama catering to more than one trade devices, spanning more than one programs, stories and processes. The resolution powered through its unified structure, collaborative engineering atmosphere, industry-leading safety and ecosystem of AI/ML based totally deep finding out functions.
In addition, the Bank may also leverage Microsoft Power Platform’s industry-leading low code, no code functions to arrange an App Innovation and Automation Factory. The App Factory will allow the Bank emigrate, modernize and turn out to be its utility portfolio. HDFC Bank may also use Microsoft 365, to undertake a contemporary, built-in and safe Digital Workplace protecting 3 crucial spaces of transformation – worker collaboration, app modernization and safe faraway paintings.
“Our partnership with Microsoft is a part of our technology transformation agenda by investing in running the bank as well as building the bank of the future. At the heart of this is the ability to offer a neo banking experience to our customers that is second to none. We are doing this by investing in proprietary IP as well through tie ups like these,” he stated. Ramesh LakshminarayananGroup Head, Information Technology and Chief Information Officer, HDFC Bank.
Sashi Sreedharan, Managing Director Microsoft India stated, “We are delighted to be a part of HDFC Bank’s digital transformation journey and to partner with them to create best-in-class products and services. These products and services will adhere to strict security and compliance standards for customers by leveraging Microsoft Cloud Platform and technologies. The partnership will also advance the bank’s digital workplace transformation with Microsoft 365 and will significantly enhance customer and employee experience”.